Jefferies Prefers TBO Tek Over MakeMyTrip, Ixigo; Sees 18% Upside

A company called Jefferies studies businesses and tells people which ones might be good to invest in.

It looked at three Indian travel websites that help people book flights, trains, buses, and hotel rooms: TBO Tek, MakeMyTrip, and Ixigo.

Jefferies liked TBO Tek the best and said its stock could go up by 18%.

TBO grew its bookings by 22% and made much more profit than before.

MakeMyTrip is the biggest of the three companies, but it grew a little more slowly.

Ixigo also grew its bookings, but it spent a lot of money on new hotels and computer helpers, so its profit went down a bit.

Jefferies says hotel bookings are growing faster than flight bookings.

It also says artificial intelligence is helping these companies serve customers better.

Remember, this is just one company's opinion, and investing in stocks can be risky.